Denmark foreign reserves hit record

Denmark’s foreign reserves reached a record high in June after the central bank entered markets to reduce pressure on the krone to appreciate, as investors fled the turmoil of the euro-zone for safe havens including assets of the Nordic country.
The Nationalbanken, Denmark’s central bank, said Tuesday it bought 7.3 billion Danish krone ($1.24 billion) of foreign currency in June, bringing its purchases of other nations’ currencies so far this year to the equivalent of DKK36.9 billion………………………………………..Full Article: Source